Director of Cybersecurity and Risk Management

4 days ago

Ottawa, Ontario, Canada Scotiabank Full time

About the Job

This role requires a unique blend of technical and business acumen, as well as excellent leadership and collaboration skills. As Director, Cybersecurity and IT Risk Management, Regulatory, Compliance, Audit & Issue Management, you will lead and oversee the execution of our bank's 2LoD cybersecurity and IT strategy and roadmap, ensuring business strategies, plans, and initiatives are executed/delivered in compliance with governing regulations, internal policies, and procedures.

You will be responsible for leading Cyber & IT Risk transformation activities, managing regulatory change management, and supporting audit and regulatory activities. A deep understanding of cybersecurity frameworks, regulatory standards, and best practices is required to ensure our bank's cybersecurity and IT posture is robust and resilient.

Key Responsibilities

  • Drive a customer-focused culture throughout your team to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
  • Develop and implement a comprehensive Second Line of Defense (2LoD) cybersecurity and IT strategy, governance framework, and IT maturity roadmap, ensuring alignment with our security posture and resilience and regulatory requirements.
  • Collaborate with Global Cyber and Technology Risk, Internal Audit, and Regulatory Relations teams to ensure that regulatory examination requirements across second lines of defense are met.
  • Evaluate and address audit findings, ensuring that remediation activities are traceable to root causes and regulatory responses.
  • Develop and uphold 2LoD cybersecurity and IT policies, procedures, and standards to ensure compliance and best practices.
  • Challenge regulatory submissions to ensure accuracy, validity, completeness, and alignment with internal Scotiabank policies, standards, and regulatory requirements.
  • Identify areas for improvement through regulatory submission reviews and communicate issues, risks, and control gaps to the broader Second Line of Defense team and subject matter experts.
  • Understand how our bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Build a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates your team by fostering an inclusive work environment and using a coaching mindset.

Your Qualifications and Experience

  • A university degree, preferably in Computer Engineering, Computer Science, or a related field, and a minimum of 10 years' experience in increasingly senior Information Security roles in a complex, global organization.
  • Financial services and, specifically, banking experience is mandatory.
  • Experience driving cross-functional senior executive steering committees with a global presence.
  • Professional Certification is preferred: CISA or equivalent, compliance frameworks (e.g., ISO or NIST).
  • 12+ years of related IT process experience, including previous internal audit experience, external audit experience, or risk assessment experience.
  • Experience with financial sector regulatory practices and second-line-of-defense effective challenge.
  • Excellent written and verbal communication skills, with the ability to communicate security objectives and concepts to technical and non-technical stakeholders.
  • The ability to lead teams in a highly complex and matrixed organization.
  • Strong leadership and collaboration skills. Excellent oral and written communication, attention to detail, and strong planning and management ability.
  • Experience with and knowledge of formal project management methodologies is desired.
  • English fluency is required, and Spanish is preferred.

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